← ARMSTRONG WORLD INDUSTRIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b |
$893.6m
-27.61%
|
$975.3m
+9.14%
|
$1.0b
+6.44%
|
$936.9m
-9.75%
|
$1.1b
+18.11%
|
$1.2b
+11.43%
|
$1.3b
+5.04%
|
$1.4b
+11.62%
|
$1.6b
+12.11%
|
$1.7b
+4.60%
|
|
| Cost of Revenue | $863.3m |
$569.8m
-34.00%
|
$641.8m
+12.64%
|
$643.0m
+0.19%
|
$603.8m
-6.10%
|
$701.0m
+16.10%
|
$784.0m
+11.84%
|
$798.2m
+1.81%
|
$864.1m
+8.26%
|
$962.1m
+11.34%
|
$1.0b
+5.20%
|
|
| Gross Profit | $371.2m |
$323.8m
-12.77%
|
$333.5m
+3.00%
|
$395.1m
+18.47%
|
$333.1m
-15.69%
|
$405.6m
+21.77%
|
$449.1m
+10.72%
|
$497.0m
+10.67%
|
$581.6m
+17.02%
|
$658.7m
+13.26%
|
$683.3m
+3.73%
|
|
| Research and Development Expense | $18.8m | $17.4m | $16.3m | $14.8m | $14.7m | $14.6m | $14.9m | $14.5m | $15.7m | $16.4m | — | |
| Selling, General and Administrative Expense | $225.2m | $135.7m | $159.0m | $174.3m | $163.3m | $237.4m | $237.0m | $262.5m | $308.5m | $339.5m | $359.5m | |
| Labor and Related Expense | $358.8m | $243.1m | $230.2m | $250.1m | $256.2m | $322.8m | $330.7m | $364.6m | $412.5m | $485.4m | — | |
| Amortization of Intangible Assets | $14.0m | $14.6m | $15.1m | $19.9m | $22.1m | $33.8m | $16.3m | $15.3m | $19.9m | $25.4m | — | |
| Operating Income (Loss) | $184.6m |
$255.1m
+38.19%
|
$249.4m
-2.23%
|
$317.4m
+27.27%
|
$254.8m
-19.72%
|
$260.0m
+2.04%
|
$278.7m
+7.19%
|
$323.7m
+16.15%
|
$374.3m
+15.63%
|
$430.9m
+15.12%
|
$323.8m
-24.85%
|
|
| Interest Expense | $49.8m | $35.4m | $39.2m | $38.4m | $24.1m | $22.9m | $27.1m | $35.3m | $39.8m | $33.0m | $31.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $600k | ($400k) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | $13.4m | $24.9m | ($12.1m) | ($2.2m) | — | — | |
| Other Nonoperating Income (Expense) | — | — | ($4.4m) | $300k | $1.0m | $200k | $200k | $500k | $100k | ($200k) | — | |
| Income (Loss) from Equity Method Investments | $73.1m | $67.0m | $74.9m | $96.6m | $64.0m | $87.7m | $77.6m | $89.3m | $103.4m | $112.3m | — | |
| Interest and Other Income | $2.6m | — | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | $2.4m | $32.5m | $20.4m | $357.4m | ($5.6m) | $6.0m | $9.9m | $12.6m | $2.4m | — | |
| Interest Income (Expense), Nonoperating, Net | — | $1.8m | $4.3m | $3.2m | $300k | $100k | $500k | $3.5m | $3.8m | $2.4m | $2.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $144.9m | $224.1m | $234.0m | $299.7m | ($130.0m) | $239.3m | $251.7m | $291.9m | $342.0m | $392.7m | $409.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $144.3m | $222.1m | $242.7m | $299.4m | ($126.7m) | $242.7m | $257.6m | $298.3m | $347.1m | $400.3m | $409.6m | |
| Current Income Tax Expense (Benefit) | $13.7m | $32.3m | $55.8m | $38.5m | $47.4m | $48.7m | $58.9m | $75.4m | $81.5m | $67.6m | $94.3m | |
| Income Tax Expense (Benefit) | $50.4m | $1.5m | $53.1m | $57.1m | ($42.6m) | $57.4m | $57.7m | $74.5m | $82.2m | $91.6m | $94.3m | |
| Net Income (Loss) Attributable to Parent | $104.7m |
$154.8m
+47.85%
|
$185.9m
+20.09%
|
$214.5m
+15.38%
|
($99.1m)
-146.20%
|
$183.2m
+284.86%
|
$202.9m
+10.75%
|
$223.8m
+10.30%
|
$264.9m
+18.36%
|
$308.7m
+16.53%
|
$315.3m
+2.14%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | — | — | $100k | $0 | $0 | — | |
| Earnings Per Share, Basic | $1.88 | $2.89 | $3.61 | $4.40 | ($2.07) | $3.84 | $4.38 | $5.00 | $6.06 | $7.13 | $7.35 | |
| Earnings Per Share, Diluted | $1.87 | $2.86 | $3.56 | $4.32 | ($2.07) | $3.82 | $4.37 | $4.99 | $6.02 | $7.08 | $7.30 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $4 | $4 | $5 | ($2) | $4 | $4 | $5 | $6 | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $4 | $4 | $5 | ($2) | $4 | $4 | $5 | $6 | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 55.4m | 53.3m | 51.3m | 48.7m | 47.9m | 47.6m | 46.3m | 44.7m | 43.7m | 43.3m | 42.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 55.7m | 53.9m | 52.1m | 49.5m | 47.9m | 47.9m | 46.4m | 44.8m | 44.0m | 43.6m | 43.2m | |
| Additional Financial Items | ||||||||||||
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | ($4.5m) | $4.2m | $9.6m | ($1.8m) | — | $0 | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $93.9m | $220.6m | $189.6m | $242.3m | ($84.1m) | $185.3m | $199.9m | $223.8m | $264.9m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $10.8m | ($65.8m) | ($3.7m) | ($27.8m) | ($15.0m) | ($2.1m) | $3.0m | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.